PCQ vs VKQ

Comparison between Pimco California Municipal Income Fund (PCQ, ETF) and Invesco Municipal Trust (VKQ, ETF).

5-Year PerformanceVKQ has outperformed PCQ, delivering a return of -0.9% compared to -9.7%

PCQ vs VKQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PCQ(ETF)	VKQ(ETF)
Net Assets	$556M	$556M
Max Drawdown	60.60%	55.10%
Sharpe Ratio	0.81	1.20
5Y Beta	0.14	0.20
5Y Dividends CAGR	-8.38%	4.14%

Net Assets

Winner

PCQ

$556M

VKQ

$556M

Max Drawdown

PCQ

60.60%

Winner

VKQ

55.10%

Sharpe Ratio

PCQ

0.81

Winner

VKQ

1.20

5Y Beta

Winner

PCQ

0.14

VKQ

0.20

5Y Dividends CAGR

PCQ

-8.38%

Winner

VKQ

4.14%

PCQ vs VKQ - Historical Returns

Returns include dividend reinvestment.

Period	PCQ	VKQ
1 month	+1.55%	+1.17%
3 months	+0.33%	+0.82%
6 months	+3.64%	+4.80%
1 year	+9.78%	+14.19%
5 years(CAGR)	-9.71%	-0.89%
10 years(CAGR)	-1.43%	+2.27%
Max(CAGR)	+3.76%	+4.97%

Winner

PCQ

+1.55%

VKQ

+1.17%

PCQ

+0.33%

Winner

VKQ

+0.82%

PCQ

+3.64%

Winner

VKQ

+4.80%

PCQ

+9.78%

Winner

VKQ

+14.19%

5Y(CAGR)

PCQ

-9.71%

Winner

VKQ

-0.89%

10Y(CAGR)

PCQ

-1.43%

Winner

VKQ

+2.27%

Max(CAGR)

PCQ

+3.76%

Winner

VKQ

+4.97%

PCQ vs VKQ - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	PCQ	VKQ
2026	+3.33%	+3.37%
2025	+0.17%	+5.95%
2024	+1.28%	+9.60%
2023	-36.42%	+1.27%
2022	-15.26%	-22.51%
2021	+7.87%	+10.50%
2020	-6.19%	+8.50%
2019	+26.15%	+15.02%
2018	-1.10%	-6.10%
2017	+16.44%	+7.88%
2016	+5.62%	+1.23%
2015	+6.94%	+7.45%
2014	+26.59%	+16.72%
2013	-14.10%	-16.55%
2012	+25.62%	+10.08%
2011	+18.97%	+20.62%
2010	+6.14%	+3.27%
2009	+45.10%	+49.36%
2008	-41.29%	-36.79%
2007	-3.73%	+1.29%
2006	+16.83%	+18.83%
2005	+24.28%	+3.17%
2004	+8.38%	+5.81%
2003	+0.07%	+8.90%
2002	+2.59%	+15.08%
2001	+0.78%	+5.97%
2000	N/A	+6.32%
1999	N/A	-4.71%

PCQ vs VKQ Drawdown Comparison

The maximum drawdown for PCQ was -56.28%, occurring on Dec 16, 2008. Recovery took 839 trading sessions.

The maximum drawdown for VKQ was -50.96%, occurring on Dec 16, 2008. Recovery took 408 trading sessions.

The current PCQ drawdown is -44.87%. The current VKQ drawdown is -8.02%.

Rank	PCQ	VKQ
#1	-56.28% May 11, 2007 - Sep 9, 2010	-50.96% Jan 24, 2008 - Sep 4, 2009
#2	-54.86% Nov 12, 2021 - Oct 6, 2023	-37.26% Sep 1, 2021 - Oct 25, 2023
#3	-37.82% Dec 9, 2019 - Jul 15, 2021	-26.43% Dec 3, 2012 - Jan 5, 2016
#4	-22.43% Jan 23, 2013 - Nov 20, 2014	-25.76% Feb 25, 2020 - Nov 23, 2020
#5	-17.69% Oct 15, 2010 - Sep 29, 2011	-18.91% Sep 1, 2010 - Nov 11, 2011
#6	-17.09% Dec 11, 2017 - Jul 9, 2018	-14.85% Mar 15, 2004 - Feb 8, 2005
#7	-14.13% Aug 13, 2018 - Jan 28, 2019	-14.76% May 11, 2007 - Jan 23, 2008
#8	-13.13% Sep 8, 2016 - May 8, 2017	-14.41% Aug 12, 2016 - May 13, 2019
#9	-12.06% Jun 13, 2003 - Apr 1, 2004	-11.73% Nov 3, 1999 - Jul 11, 2000
#10	-11.35% Feb 2, 2015 - Oct 20, 2015	-11.10% Jun 17, 2003 - Jan 13, 2004
#11	-10.17% Jul 11, 2012 - Nov 28, 2012	-10.96% Oct 5, 2009 - Mar 9, 2010
#12	-9.02% Jan 30, 2012 - Apr 24, 2012	-10.27% Aug 17, 2000 - Jan 5, 2001
#13	-8.76% Apr 1, 2004 - Aug 6, 2004	-9.67% Oct 2, 2002 - Apr 24, 2003
#14	-8.05% Sep 13, 2002 - May 22, 2003	-9.45% Feb 15, 2005 - Sep 6, 2005
#15	-7.19% Aug 16, 2001 - Aug 6, 2002	-7.51% Mar 1, 2012 - May 21, 2012

Correlation

Correlation between PCQ and VKQ is 0.90 which considered as a strong positive correlation - the stocks tend to move together.

0.90

-101

Dividend Comparison (2000 - 2026)

PCQ vs VKQ dividend yield comparison.

Year	PCQ	VKQ
2026	2.03%	3.23%
2025	4.95%	7.81%
2024	4.78%	6.43%
2023	4.64%	4.60%
2022	5.29%	5.63%
2021	4.20%	4.71%
2020	4.39%	4.65%
2019	4.65%	4.96%
2018	5.72%	5.98%
2017	5.35%	5.78%
2016	5.89%	6.44%
2015	5.89%	6.39%
2014	5.90%	6.38%
2013	7.10%	7.38%
2012	5.80%	6.64%
2011	6.87%	6.86%
2010	7.45%	7.69%
2009	7.46%	6.76%
2008	10.68%	9.27%
2007	5.95%	5.28%
2006	5.25%	4.92%
2005	5.83%	7.90%
2004	6.83%	6.38%
2003	6.90%	6.49%
2002	6.45%	6.45%
2001	2.53%	6.13%
2000	0.00%	2.75%